Market analyst Ryker has called out XRP as the biggest crypto scam. The analyst alluded to the token's inflation and how it is currently trading at a high valuation despite supposedly lacking any real utility.
XRP Ledger added 4,300 wallets in 24 hours, its fourth-largest network growth spike this year, while XRP traded near $1.37. Binance XRP futures open interest reached $488 million, one of the highest levels since March, as derivatives activity stayed elevated.
XRPL's known amendments page lists fixCleanup3_1__3 for activation on May 27, and by design the event is a maintenance upgrade. Version 3.1.3 of rippled bundles fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol, and the XRPL blog set the default vote to Yes because of the importance of those fixes.
Goldman Sachs has quietly stepped out of its XRP ETF exposure, bringing a position once valued around $154 million down to zero in the first quarter of 2026. The move has quickly become a talking point across the XRP community because Goldman Sachs was previously one of the largest disclosed institutional holders of XRP-linked ETF products.
Ripple CTO Emeritus David Schwartz, widely known on X as @JoelKatz, has triggered fresh controversy in the XRP Ledger community after changing his profile picture to a fuzzy bear image associated with the meme coin FUZZY. The move reignited discussions about crypto influencer responsibility, meme coin speculation, and the impact public figures can have on low-liquidity digital assets.
XRP (CRYPTO: XRP) ETFs attracted $42 million in net inflows over the past week, even as Bitcoin (CRYPTO: BTC) ETFs shed more than $1.4 billion, suggesting selective rotation into alternative crypto exposure. XRP Pulled $8.88M Latest Session, Bitcoin Lost $100.9M XRP-linked funds pulled in $8.88 million in the latest session, extending a streak that includes $18.52 million on May 14 and $10.87 million on May 15.
Having been stuck in sideways grind, fresh on-chain data hints that things may be changing for XRP since over 4,300 new wallets were created in just 24 hours as whale-sized outflows from Binance happen.
A 30% rise in investor interest. That is part of what Canary Capital CEO Steven McClurg is predicting for XRP before December, on top of a price that he believes could double from where it stands today.
After months of flat price action and dwindling speculative interest, XRP is starting to exhibit the first significant indications of institutional re-engagement. Rising XRP Ledger activity and accelerating institutional exposure through exchange-traded investment products linked to the asset are two distinct data points that now support the same story.
XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026. The analytics firm said the move matters because “network growth is among the top leading signals to identify reversals,” placing the wallet surge alongside a set of on-chain metrics that suggest XRP is trading in a lower-risk zone than usual.
XRP traded near $1.37 during midday trading in Hong Kong on Thursday, according to CoinDesk market data, as growing ETF inflows and a spike in wallet creation fueled speculation that investors may be rotating into XRP while bitcoin and ether struggle to maintain momentum. The broader crypto market remained under pressure, with bitcoin hovering around $77,400 and ether continuing to trade below key resistance levels.
Current CTO Emeritus at Ripple, David Schwartz, sparked a wave of speculation in the XRP community after setting a "Fuzzybear" image as his profile picture on X. For supporters of conspiracy theories, this move became a long-awaited secret sign, even though Schwartz had recently dismantled the key myths around this meme conspiracy theory.